17 Myrtle StJamaica PlainMA02130
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Jamaica Plain at 17 Myrtle St, Jamaica Plain, MA, 02130 offers $2,988/mo rent that, after a $9,300/mo payment. Total monthly income is $2,988/mo. Return on cash invested measures 2.85% in year one, and rental yield stands at 1.89% at a $1,900,000 entry. Equity gained on principal adds $12,260/yr while 5% annual appreciation compounds into $524,935 by year five. Five-year ROI records 11.42% and total cumulative return in cash reaches $70,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,988/mo property income versus a $9,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1865
7,065 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02130, Jamaica Plain, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,658 (100%) |
| Owner Occupied HU | 7,199 (40.8%) |
| Renter Occupied HU | 9,127 (51.7%) |
| Vacant Housing Units | 1,332 ( 7.5%) |
| Median Home Value | $859,660 |
| Average Home Value | $963,147 |
Housing Distribution
Address Breakdown
Residential
16,372
Single Family
7,251
Multi-Family
9,121
Businesses
984
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Listed by: Brilliant Places Team • Gibson Sotheby's International Realty
Mls Name: MLS PIN
Mls ID: #73403792